Under the Negotiable Instruments Article of the UCC, which of the following statements is(are) correct regarding the requirements for an instrument to be negotiable?
  I.The instrument must be in writing, be signed by both the drawer and the drawee, and contain an unconditional promise or order to pay.
  II.The instrument must state a fixed amount of money, be payable on demand or at a definite time, and be payable to order or to bearer.
  a.II only.
  b.I only.
  c.Neither I nor II.
  d.Both I and II.
  Explanation
  Choice "a" is correct. To be negotiable, the instrument must meet all of the following:
  Be in writing
  Be signed by the maker or drawer (not drawee)
  Contain an unconditional promise or order
  Be for a fixed amount of money
  Be payable on demand or at a definite time
  Be payable to order or bearer
  Contain no additional undertaking/instruction not authorized by the UCC
  Alternative I is incorrect because there is no requirement that the drawee sign.
  小編語錄:努力和效果之間,永遠有這樣一段距離。成功和失敗的*10區(qū)別是,你能不能堅持挺過這段無法估計的距離。